automation
worst case scenario:
automation leads to permanent mass unemployment everywhere
but housing, food, energy and transport becomes very cheap
because of automation
so companies earns a lot of money from automation
so governments earns a lot of tax money from automation
and governments only have low costs because of automation
so governments can afford to pay welfare to all unemployed
and all unemployed can afford to buy everything they need to survive
because housing, food, energy and transport becomes is very cheap
so companies earn money
and governments earn more money than they spend
and unemployed get more welfare than they spend
so unemployed invest their money
by buying stocks in publicly traded companies
and by buying stocks in private companies
and by starting their own companies
normal scenario:
automation doesn't change unemployment percentages
and housing, food, energy and transport becomes very cheap
because of automation
so companies earns a lot of money from automation
so governments earns a lot of tax money from automation
and governments only have low costs because of automation
so governments can afford to pay welfare to all unemployed
and all unemployed can afford to buy everything they need to survive
because housing, food, energy and transport becomes is very cheap
so companies earn a lot of money
and governments earn more money than they spend
and unemployed get more welfare than they spend
so unemployed invest their money
by buying stocks in publicly traded companies
and by buying stocks in private companies
and by starting their own companies
and people with jobs invest their money
by buying stocks in publicly traded companies
and by buying stocks in private companies
and by starting their own companies
because automation will make
housing, food, energy and transport becomes very cheap
so that no humans will have to worry
about having enough money to survive
and that will be revolutionary for humanity
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